Reports
Sale
Global Cannabis Testing Services Market Size, Share, Forecast: By Product Type: Instruments, Consumables and Test Kits; By Test Type: Potency Testing, Terpene Profiling, Heavy Metal Testing, Pesticide Screening, Others; By End User: Cannabis Drug Manufacturers, Cannabis Cultivators/Growers; Regional Analysis; Supplier Landscape; 2024-2032
Global Cannabis Testing Services Market Outlook
The global cannabis testing services market size was valued at USD 1.59 billion in 2023, driven by the increasing cannabis legalization across the globe. The market size is anticipated to grow at a CAGR of 13.23% during the forecast period of 2024-2032 to achieve a value of USD 4.85 billion by 2032.
Cannabis Testing Services: Introduction
Cannabis testing services are analytical services that are offered to test and analyze cannabis and products generated from cannabis for a variety of quality characteristics, safety standards, potency, and legal compliance. These services are necessary to guarantee product quality, consumer safety, and industry compliance. Most cannabis testing services also cover microbiological testing, contaminant testing, residual solvent analysis, terpene profiling, and various other types of analyses.
Evaluation of the product's medicinal potential and psychotropic effects is aided by potency testing. Testing for contaminants makes sure that the cannabis product is devoid of any potentially dangerous elements. A residual solvent analysis is carried out to determine whether any residual solvents are present and to make sure that if they are present, they are within safe levels.
Global Cannabis Testing Services Market Analysis
As the cannabis market is growing globally, appropriate regulation and product qualification is mandatory. This compulsion has increased the safety and quality checks for cannabis products, propelling the global cannabis testing services market growth. Cannabis products are subjected to several stringent testing techniques for pesticides, residual solvents, heavy metals, mycotoxins, and microbiological contaminants in order to guarantee customer safety. Such security precautions make it a reliable product and boost usage, which directly increases the demand for cannabis testing services on the market worldwide.
The development of advanced testing technologies, such as high-performance liquid chromatography (HPLC), gas chromatography (GC), mass spectrometry (MS), and molecular testing approaches, is further boosting the market for cannabis testing. Organizations like the International Organization for Standardization (ISO) and the Association of Official Agricultural Chemists (AOAC) are also preparing some guidelines and methods for cannabis testing to promote consistency and comparability of results across different testing laboratories and jurisdictions.
Global Cannabis Testing Services Market Segmentations
Market Breakup by Product Type
- Instruments
- Chromatography Instruments
- Liquid Chromatography
- Gas Chromatography
- Others
- Spectroscopy Instruments
- Mass Spectroscopy
- Atomic Spectroscopy
- Other Instruments
- Chromatography Instruments
- Consumables and Test Kits
Market Breakup by Test Type
- Potency Testing
- Terpene Profiling
- Heavy Metal Testing
- Pesticide Screening
- Microscopy Testing
- Residual Solvent Screening
- Others
Market Breakup by End User
- Cannabis Drug Manufacturers
- Cannabis Cultivators/Growers
- Testing Laboratories
- Research Institutes
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Global Cannabis Testing Services Market Overview
The increasing legalization of cannabis for medical and recreational use in various regions and countries is a major factor driving the global cannabis testing services market demand. As cannabis regulations evolve, there is a growing need to ensure the safety, potency, and quality of cannabis products through comprehensive testing. Testing services help meet regulatory requirements and ensure consumer safety. The cannabis industry continues to evolve rapidly, with ongoing research and development efforts.
The global market for cannabis has been witnessing a significant expansion in product diversity, including edibles, concentrates, and topicals, among others. Each product category requires specific testing for potency, contaminants, and formulation analysis. Regular testing ensures consistency, accuracy, and compliance at each stage, such as cultivation, extraction, manufacturing, and distribution, which would contribute to the global cannabis testing services market share in the long run.
Key players across the globe are launching innovative and technologically advanced products. With this increasing diversity of cannabis products, testing laboratories are expanding their capabilities to analyze a wide range of product types to ensure the availability of higher quality products in the market.
Cannabis Testing Services Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- Thermo Fisher Scientific Inc.
- Merck KGaA
- Shimadzu Corporation
- PerkinElmer Inc.
- Steel Hill Labs, Inc.
- CB Scientific Inc.
- Alpha- CAT
- Orange Photonic, Inc.
- Gobi Labs
- SC Laboratories Inc.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by Test Type |
|
| Breakup by End User |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Cannabis Testing Services Market Overview
3.1 Global Cannabis Testing Services Market Historical Value (2017-2023)
3.2 Global Cannabis Testing Services Market Forecast Value (2024-2032)
4 Global Cannabis Testing Services Market Landscape
4.1 Global Cannabis Testing Services Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Cannabis Testing Services and Product Landscape
4.2.1 Analysis by Product Type
4.2.2 Analysis by Technology
4.2.3 Analysis by Test Type
5 Global Cannabis Testing Services Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Cannabis Testing Services Market Segmentation
6.1 Global Cannabis Testing Services Market by Product Type
6.1.1 Market Overview
6.1.2 Instruments
6.1.2.1 Chromatography Instruments
6.1.2.1.1 Liquid Chromatography
6.1.2.1.2 Gas Chromatography
6.1.2.1.3 Others
6.1.2.2 Spectroscopy Instruments
6.1.2.2.1 Mass Spectroscopy
6.1.2.2.2 Atomic Spectroscopy
6.1.2.3 Other Instruments
6.1.3 Consumables and Test Kits
6.2 Global Cannabis Testing Services Market by Test Type
6.2.1 Market Overview
6.2.2 Potency Testing
6.2.3 Terpene Profiling
6.2.4 Heavy Metal Testing
6.2.5 Pesticide Screening
6.2.6 Microscopy Testing
6.2.7 Residual Solvent Screening
6.2.8 Others
6.3 Global Cannabis Testing Services Market by End User
6.3.1 Market Overview
6.3.2 Cannabis Drug Manufacturers
6.3.3 Cannabis Cultivators/Growers
6.3.4 Testing Laboratories
6.3.5 Research Institutes
6.3.6 Others
6.4 Global Cannabis Testing Services Market by Region
6.4.1 Market Overview
6.4.2 North America
6.4.3 Europe
6.4.4 Asia Pacific
6.4.5 Latin America
6.4.6 Middle East and Africa
7 North America Cannabis Testing Services Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Cannabis Testing Services Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Cannabis Testing Services Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America Cannabis Testing Services Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Cannabis Testing Services Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Patent Analysis
12.1 Analysis by Type of Patent
12.2 Analysis by Publication year
12.3 Analysis by Issuing Authority
12.4 Analysis by Patent Age
12.5 Analysis by CPC Analysis
12.6 Analysis by Patent Valuation
12.7 Analysis by Key Players
13 Grants Analysis
13.1 Analysis by year
13.2 Analysis by Amount Awarded
13.3 Analysis by Issuing Authority
13.4 Analysis by Grant Application
13.5 Analysis by Funding Institute
13.6 Analysis by NIH Departments
13.7 Analysis by Recipient Organization
14 Funding and Investment Analysis
14.1 Analysis by Funding Instances
14.2 Analysis by Type of Funding
14.3 Analysis by Funding Amount
14.4 Analysis by Leading Players
14.5 Analysis by Leading Investors
14.6 Analysis by Geography
15 Partnership and Collaborations Analysis
15.1 Analysis by Partnership Instances
15.2 Analysis by Type of Partnership
15.3 Analysis by Leading Players
15.4 Analysis by Geography
16 Regulatory Framework
17 Supplier Landscape
17.1 Thermo Fisher Scientific Inc.
17.1.1 Financial Analysis
17.1.2 Product Portfolio
17.1.3 Demographic Reach and Achievements
17.1.4 Mergers and Acquisition
17.1.5 Certifications
17.2 Merck KGaA
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisition
17.2.5 Certifications
17.3 Shimadzu Corporation
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisition
17.3.5 Certifications
17.4 PerkinElmer Inc.
17.4.1 Financial Analysis
17.4.2 Product Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisition
17.4.5 Certifications
17.5 Steel Hill Labs, Inc.
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisition
17.5.5 Certifications
17.6 CB Scientific Inc.
17.6.1 Financial Analysis
17.6.2 Product Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisition
17.6.5 Certifications
17.7 Alpha- CAT
17.7.1 Financial Analysis
17.7.2 Product Portfolio
17.7.3 Demographic Reach and Achievements
17.7.4 Mergers and Acquisition
17.7.5 Certifications
17.8 Orange Photonic, Inc.
17.8.1 Financial Analysis
17.8.2 Product Portfolio
17.8.3 Demographic Reach and Achievements
17.8.4 Mergers and Acquisition
17.8.5 Certifications
17.9 Gobi Labs
17.9.1 Financial Analysis
17.9.2 Product Portfolio
17.9.3 Demographic Reach and Achievements
17.9.4 Mergers and Acquisition
17.9.5 Certifications
17.10 SC Laboratories Inc.
17.10.1 Financial Analysis
17.10.2 Product Portfolio
17.10.3 Demographic Reach and Achievements
17.10.4 Mergers and Acquisition
17.10.5 Certifications
18 Global Cannabis Testing Services Market - Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
Key Questions Answered in the Report
The market attained a value of about USD 1.59 billion in 2023, driven by the increasing cannabis legalization.
The market is anticipated to grow at a CAGR of 13.23% during the forecast period of 2024-2032, likely to reach a market value of USD 4.85 billion by 2032.
The growth of the market is driven by the evident expansion in product diversity, along with rising legalisation of cannabis for medical and recreational uses.
Development of new methods to test new products that are emerging in the market with the increase in product range and product diversification, are among the major trends influencing market growth.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America is currently leading the global market.
The product types available in the market include instruments, consumables, and kits.
Test types involved in the market are potency testing, terpene profiling, heavy metal testing, pesticide screening, microscopy testing, and residual solvent screening, among others.
The end users in the market include drug manufacturers, cannabis cultivators/growers, testing laboratories, and research institutes, among others.
Key players involved in the market are Thermo Fisher Scientific Inc., Merck KGaA, Shimadzu Corporation, PerkinElmer Inc., Steel Hill Labs, Inc., CB Scientific Inc., Alpha- CAT, Orange, Photonic, Inc., SC Laboratories Inc., and Gobi Labs.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2969
$2699
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 5499
$4999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 6599
$5999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 7699
$6999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER